Home Oil forecast to reach $US80 by 2020 as output growth slows, says IEA
 

Keywords :   


Oil forecast to reach $US80 by 2020 as output growth slows, says IEA

2016-02-22 22:23:09| Oil & Gas - Topix.net

Fawad Razaqzada, a technical analyst in London for forex.com, expects US crude to test its March low of $US42.03 and Brent its January bottom of $US45.19. Oil prices will reach $US80 a barrel by 2020 as global oil supply growth is "seriously" plunging, the head of the International Energy Agency said, suggesting the light at the end of the tunnel for the energy industry is still far away.

Tags: says growth reach oil

Category:Energy and Environment

Latest from this category

All news

24.11
24.11sobbat DB4R
24.11RC10
24.11 Knicks
24.11 W6S-JP001
24.11SALOMON XLT 150
24.11NU: EYE
24.11
Energy and Environment »
24.11Eastern North Pacific Tropical Weather Outlook
24.11Atlantic Tropical Weather Outlook
24.11
24.11sobbat DB4R
24.11RC10
24.11 Knicks
24.11 W6S-JP001
24.11SALOMON XLT 150
More »